News

Meeting of the Cabinet of Ministers of Turkmenistan

On January 19, President Gurbanguly Berdimuhamedov held a regular meeting of the Cabinet of Ministers, at which topical issues of state policy and drafts of a number of documents were considered. At the meeting, the head of the state approved a plan of socio-economic indicators for ministries and sectoral departments of Turkmenistan, working plans for 2018...

Financial news of the last week

Last week at the State Commodity and Raw materials Exchange of Turkmenistan 18 transactions were registered. For foreign currency cottonseed refined oil, cotton yarn and fabric severe were realized. The buyer countries: Russia, UAE, Scotland, Turkey, Pakistan, Lithuania, etc. the Total amount of transactions constituted more than 3 million 242 thousand dollars. For manat funds representatives of...

The President of Turkmenistan expressed condolences to his Iranian counterpart related with the tragedy in the East China sea

President of Turkmenistan Gurbanguly Berdimuhamedov sent deep condolences to President of Iran Hassan Rouhani in connection with the incident in the East China sea to the accident the Iranian oil tanker, resulting in numerous casualties. In his message the head of Turkmenistan transferred the words of deep empathy and support to the families and friends of...

Europe keeps trying to hold the pipe under the Caspian sea

TRANS-Caspian gas pipeline through which gas from Central Asia will go to European markets, is an important additional element of the project "southern gas corridor". Apparently, this year the European Commission will be engaged in the conditions of gas transportation from the Eastern shore of the Caspian sea through Azerbaijan to Europe. It is reported...

The working Commission on coordination of the implementation of the TAPI gas pipeline project was created

In order to enhance the effective implementation of the gas pipeline Turkmenistan-Afghanistan-Pakistan-India transport corridors and power bridges along the route Turkmenistan-Afghanistan-Pakistan coordination of the relevant work, the President of Turkmenistan signed a Decree on creation of the Working Commission on coordination of implementation of the above projects, approving the Regulation of this Commission and its...

Turkmenistan has increased production and export of oil in 2017

Turkmenistan exported 795,5 thousands of tons of fuel oil in 2017, which is 39.6 per cent more compared with the year 2016. It is reported by the information Agency Media-Turkmen "Orient". However, the elaboration of fuel oil at the Turkmenbashi complex of oil refineries (TCOR) in 2017 amounted to 699 thousand tons, an increase of 20.2...

Turkmenistan will take part in the world exhibition "EXPO-2020" in Dubai

Turkmenistan will present its national pavilion at the world exhibition "EXPO-2020", which will be held in Dubai (UAE) from 20 October 2020 to 10 April 2021 under the slogan "Connecting minds, creating the future". The course of preparation for the participation in the forum was reported by the vice-chairman of the Cabinet of Ministers of...

Oil prices continue to rise: Brent $69.89 per barrel, WTI - $64,47

The March futures for Brent crude by 7:54 Moscow time, on 15 January climbed 2 cents to $of 69.89 per barrel. Quotations of February contracts on WTI oil rose on 17 cents (0.3%) and amounted to $64,47 per barrel, news Agency API reports. At the end of trading on 12 January, the price of the March...

Financial news of the last week

During the first trading session of 2018, last week at the biddings of the State commodity and raw exchange of Turkmenistan 22 transactions were registered. For foreign currency denim products, cotton yarn, cotton fiber, and fittings were realized. The buyer countries: Russia, UAE, Switzerland, Afghanistan, Armenia, Kyrgyzstan and etc. Total amount of transactions made about 31...

China in 2017 increased gas import by 26.9%

China in the end of 2017 increased the import of natural gas by 26.9% in annual terms, to 68.57 million tons. This is stated in the report of the Main Customs Administration of the People's Republic of China. The total cost of purchases amounted to 23.28 billion dollars, which is 41.2% higher than the same indicator...

TAPI project will strengthen energy security in the region, - expert

The Turkmenistan-Afghanistan-Pakistan-India (TAPI) gas pipeline project will have a positive impact on the integration of infrastructure in South and Central Asia, as this can strengthen energy security for both the supplier and buyers. About this an expert on Central Asia of the University of Glasgow Luke Ancheshi said to Azernews, Trend reports. "The importance of the...

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